Verizon Communications Inc (VZ)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		23.78	28.16	18.91	13.51	27.25
DOH	days	15.35	12.96	19.30	27.01	13.40

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 23.78
= 15.35

Verizon Communications Inc's Days of Inventory on Hand (DOH) has shown fluctuations over the past five years. The trend indicates an increase from 13.40 days as of December 31, 2020, to 27.01 days by December 31, 2021.

However, in the subsequent years, DOH decreased to 19.30 days by December 31, 2022, followed by a further drop to 12.96 days by December 31, 2023, and then a slight increase to 15.35 days by December 31, 2024.

This fluctuation in DOH suggests varying inventory management strategies over the years, impacting the efficiency of Verizon's inventory turnover. It is important for Verizon to continue monitoring and optimizing its inventory levels to ensure effective working capital management and cost control in the future.